Trading and horsetrack

Discussion in 'Trading' started by KISS, May 12, 2020.

  1. KISS

    KISS

    the market is like a rigged horsetrack or rigged sport betting
    there are big winners in sport betting and horsetrack.
    but the game is rigged that the house never lose in the 'long run'
    the house never loses.
     
    Last edited: May 12, 2020
  2. guru

    guru

    Except in the stock market everyone is the house (or can be) and everyone is trying to rig it.
    Oh wait, maybe the winners are people who simply hold stocks and don’t try to rig anything. So they may be the house.

    In the end it doesn’t matter how you spin it. People complained about the market being rigged since the market existed. Then they found jobs and lived happy thereafter.
    Do the same.
     
  3. KISS

    KISS

    It is rigged. or controlled. Markets are fixed.
    its an observation of the facts and reality.
    And the central bank, fiat money is another scam. you know what I mean.
    As for bitcoin. the fact regulators don't seem to care ,,says a lot.
    wall street and bankers used to be very discreet about their schemes, now it's open season theft.
     
    lovethetrade likes this.
  4. guru

    guru


    It doesn’t matter. Everyone who you think rigs the market was born without knowing anything about it. If you’re not good enough to become the house and rig the market yourself, then there is no place in it for you.
     
  5. KISS

    KISS

    it's the wholesale fraud that is going on. in your face. in the open. that is disturbing.
    You know the number reason why gangsters are murdered?---drug ripoffs.
    you don't go to jail. You can get killed even for small tiny ripoff like $1000 ripoff can get you killed.
    it's not about the money why someone would be killed for $1000, it's offending them that gets them killed. or disrespecting people.
     
  6. guru

    guru

    That’s why nobody cares for gangsters. Let them murder each other. If you don’t belong there and just trying to get rich quick then you’ll get murdered too, and you deserve it. So be mature, don’t complain, stay away, and do whatever normal non-gangster people do.
     

  7. so with your gloom and doom theory i always wonder what do you suggest one does?
     
  8. notagain

    notagain

    Harness racing (the market) is suppose to be rigged as a group orchestration but greed causes trainers (hedge funds) to foul each other, so race results always surprise. In the long run the house (The Fed) has to win, supporting return on investment.
     
  9. Sekiyo

    Sekiyo

    It’s better rigged than random.
     
  10. VEGASDESERT

    VEGASDESERT


    you mean parimutuel betting? the house doesn't care who wins or loses so
    it has no incentive to rig anything, it just collects its fee for setting up the
    venue to bet.
     
    #10     May 12, 2020